United Nations chief calls for debt relief, post-COVID investment on W. Africa trip

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UN Secretary-General Antonio Guterres says supply disruptions due to Russia’s invasion of Ukraine have caused simultaneous food, energy and finance crises in Africa and beyond

UN Secretary-General Antonio Guterres on Sunday urged debt relief for African countries and more investment to help their economies recover from the COVID-19 pandemic and weather the impacts of the Ukraine war.

The coronavirus pandemic pushed many poor countries into debt distress and the Ukraine war has disrupted their economic recovery, according to the International Monetary Fund . Public debt ratios in sub-Saharan Africa are at their highest in more than two decades, the IMF said last week. He called on wealthy countries and pharmaceutical companies to accelerate donations of COVID-19 vaccines and invest in local vaccine production, with almost 80 per cent of the African population still not vaccinated against COVID-19.

 

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Question: would that include the debts these nations entered into with China for their infrastructure?

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